BILL to cut 30% of workforce as AI becomes its top business priority

BILL announced plans to reduce its workforce by 30% by the end of Q4 2026 to focus on accelerating artificial intelligence integration in its financial operations platform. CEO René Lacerte emphasized AI as the company's top priority, highlighting its success with AI agents automating millions of invoices and transactions for over 494,000 businesses. Internally, AI tools are improving efficiency and customer support, enabling BILL to operate with a leaner, faster team. This shift aims to deliver greater value to customers and streamline operations as AI adoption grows.